Showbiz Sandbox 437: Sinemia Seeks Profit In Subscription Moviegoing

February 11, 2019

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Sinemia is taking on MoviePass in hopes of achieving what no movie subscription service has ever attained before: profitability. We are joined by Rıfat Oğuz, the CEO of Sinemia, who discusses the history of the service, how they chose their $30 price point and what lies ahead for this emerging business. If it catches on, it could dramatically change when and how often people go to the movies.

Meanwhile, in a complete reversal of fortunes, this year’s Grammy Awards finally honored female musicians as well as handing out prizes to hip-hop artists. Maybe next year some of the big stars won’t shrug off the ceremony like they seemed to do this past Sunday.

In the United Kingdom “The Favourite” was the favorite at the BAFTA Awards winning seven prizes, but it was Alfonso Cuaron’s Netflix film “Roma” which took home Best Picture, Best Director and Best Cinematography.

Of course we also cover the week’s top entertainment headlines including the deal between Actor’s Equity and the Broadway League, why NBC is dumping its live telecast of “Hair” and Spotify finally turns a profit.

Sinemia
https://www.sinemia.com/

Comscore Announces Official Worldwide Box Office Results for Weekend of February 10, 2019
https://www.prnewswire.com/news-releases/comscore-announces-official-worldwide-box-office-results-for-weekend-of-february-10-2019-300792860.html

‘Roma’ Wins BAFTA for Best Film; ‘The Favourite’ Takes Seven
https://variety.com/2019/film/news/bafta-announces-film-awards-winners-updating-live-1203132750/

Grammys 2019: Cardi B, Lady Gaga and Kacey Musgraves Make It a Year for Women
https://www.nytimes.com/2019/02/10/arts/music/grammy-awards.html

2019 Grammy Winners: The Complete List
https://www.nytimes.com/2019/02/10/arts/music/2019-grammys-winners-full-list.html

Midnight in Chernobyl by Adam Higginbotham – BookFilter
http://bookfilter.com/2018/08/30/midnight-in-chernobyl/

Woody Allen Files $68 Million Suit Against Amazon for Film Deal Breach
https://variety.com/2019/biz/news/woody-allen-amazon-lawsuit-1203131466/

Landmark Broadway Deal Gives Actors a Piece of the Profits
https://www.nytimes.com/2019/02/08/theater/broadway-profit-sharing.html

Spotify Hits 96 Million Paid Users, Scores First Operating Profit in Fourth Quarter
https://www.billboard.com/articles/business/8496809/spotty-fourth-quarter-financial-results-paid-user-totals-2018

A 44% Streaming Royalty Rise Is Now Locked In For Songwriters
https://www.musicbusinessworldwide.com/a-44-streaming-royalty-rise-is-now-locked-in-for-us-songwriters-so-long-as-the-likes-of-spotify-dont-declare-war/

How Did Netflix Get Away With Not Paying Income Tax in 2018?
https://www.theguardian.com/media/2019/feb/10/netflix-income-tax-2018-didnt-pay

Berlin Film Festival: Zhang Yimou’s ‘One Second’ Withdrawn From Competition
https://www.hollywoodreporter.com/news/berlin-film-festival-zhang-yimous-one-second-withdrawn-competition-1185282

NBC Scraps Hair Live! Musical Event
https://tvline.com/2019/02/04/hair-live-cancelled-nbc-musical/

‘A Merger of Complementary Assets’: Bob Newman Announces AEG Facilities Merger With SMG
https://www.billboard.com/articles/business/8497137/aeg-facilities-merger-smg-asm-global-bob-newman-interview

Albert Finney, Chameleon-Like Star of Stage and Screen, Dies at 82
https://www.hollywoodreporter.com/news/albert-finney-dead-tom-jones-dresser-erin-brockovich-star-was-82-1022693

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